Things are looking up for college graduates. The average salary for 2011 grads was $41,701, a 2.3% increase from 2010 (via Bryce Christiansen).
According to the most recent Nace survey — which compiles data from the Bureau of labour Statistics, the Census Bureau, and Job Search Intelligence — computer science majors experienced the biggest increase in salary at 2.5 %, from $68,700 to $70,400. Some other interesting findings:
- Economics major (securities, commodities, funds, trusts, and financial investments) saw the highest starting average salary in the business sector at $77,640
- Retail companies are the lowest-paying employers with an average starting salary of $35,190
- In journalism, radio and television broadcast companies were both the highest- and lowest-paying employers. Broadcast had an average starting salary at $33,460
- Advertising had the strongest growth in the communications sector with a starting slary at $52,300, a 4% increase since the previous year.
- Special education saw the highest-paying employers in education sector with an average starting salary of $39,100.
- Aerospace and computer engineers experienced the highest-growth within the engineering field, with a starting salary of $70,400.
- Liberal arts and social sciences majors can find work in the criminal justice system with a starting salary of $38,830 (criminal justice majors), $47,560 (psychology majors) and $44,870 (sociology majors).
[credit provider=”Nace” url=”http://www.naceweb.org/uploadedFiles/NACEWeb/Research/Salary_Survey/Reports/SS_January_exsummary_4web.pdf”]